Storage and insurance costs are zero

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Reference no: EM131526795

If the spot price of gold is $983 per troy ounce, the risk-free interest rate is 7%, and storage and insurance costs are zero. what should be the forward price of gold for delivery in 1 year? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Forward price $

Reference no: EM131526795

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Storage and insurance costs are zero : If the spot price of gold is $983 per troy ounce, the risk-free interest rate is 7%, and storage and insurance costs are zero. what should be the forward price

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